£598,919
This estimated value is based upon the latest sale price for the house of £250,000 on 10 Apr 2003. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 10 Apr 2003 |
| £82,000 | 8 Nov 1999 |
| £95,000 | 10 Dec 1998 |
| £96,000 | 3 Oct 1997 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for TORBAY to estimate the market value.
When this house was purchased in April 2003 the House Price Index for TORBAY was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £250,000 results in an estimated price of approximately £598,919.
| 10 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.6 | 139.568 % | £250,000 | £348,919 | £598,919 |
The Postcode Pricing Model uses changes in average sales price within the TQ2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 168.739 % | £421,848 | £671,848 |
| 3 Month Average | 108.918 % | £272,294 | £522,294 |
| 6 Month Average | 102.829 % | £257,072 | £507,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £166,456 | £165,000 | 22 TOR CHURCH ROAD |
| 31 Jul 2023 | £233,138 | £230,000 | 26 TOR CHURCH ROAD |
| 7 Sep 2022 | £99,199 | £100,000 | FIRST FLOOR FLAT AT THE REAR OF 23 LUCIUS STREET |
| 7 Sep 2022 | £104,159 | £105,000 | FLAT 1 REAR OF 23 LUCIUS STREET |
| 27 May 2022 | £113,132 | £111,000 | 23 TOR CHURCH ROAD |